Call reports 2016
EVOLVE BANK & TRUST — 2016
What EVOLVE BANK & TRUST reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 355,785,000 | 376,838,000 | 411,979,000 | 449,036,000 |
| Total loans | 302,922,000 | 324,879,000 | 362,343,000 | 391,292,000 |
| Allowance for loan losses | 5,148,000 | 5,267,000 | 5,501,000 | 5,808,000 |
| Securities available for sale | 19,375,000 | 18,719,000 | 18,704,000 | 18,822,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,930,000 | 267,949,000 | 300,017,000 | 315,048,000 |
| Interest-bearing deposits | 247,325,000 | 246,733,000 | 277,706,000 | 291,623,000 |
| Noninterest-bearing deposits | 23,605,000 | 21,216,000 | 22,311,000 | 23,425,000 |
| Equity capital | 34,875,000 | 35,723,000 | 36,172,000 | 38,281,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,179,000 | 8,339,000 | 13,154,000 | 18,145,000 |
| Interest expense | 642,000 | 1,265,000 | 1,948,000 | 2,655,000 |
| Net interest income | 3,537,000 | 7,074,000 | 11,206,000 | 15,490,000 |
| Noninterest income | 10,226,000 | 23,558,000 | 37,996,000 | 50,312,000 |
| Noninterest expense | 12,263,000 | 27,382,000 | 44,263,000 | 59,166,000 |
| Provision for loan losses | 473,000 | 873,000 | 1,544,000 | 2,122,000 |
| Pretax income | 1,027,000 | 2,377,000 | 3,395,000 | 4,514,000 |
| Income tax | 394,000 | 915,000 | 1,295,000 | 1,752,000 |
| Net income | 633,000 | 1,462,000 | 2,100,000 | 2,762,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,958,000 | 31,018,000 | 31,748,000 | 34,095,000 |
| Total capital | 33,246,000 | 34,591,000 | 35,711,000 | 38,481,000 |
| Risk-weighted assets | 259,079,000 | 282,265,000 | 313,917,000 | 347,863,000 |